Altcoin Update: Bullish Setups for AAVE, ONDO NEAR, With a Pullback Risk for XRP
Main Idea
The article analyzes bullish setups for AAVE, ONDO, and NEAR in the crypto market, highlighting potential breakouts and risks, while noting XRP's cooling-off phase after an ETF-related spike.
Key Points
1. AAVE/BTC broke above the 0.002905 BTC resistance, potentially targeting 0.0045–0.005 BTC, with long-term holders continuing to accumulate despite price fluctuations.
2. ONDO is approaching a key resistance at $1.20, supported by rising volume and RSI, with potential entry strategies outlined by analysts.
3. XRP may face a correction to $2.70–$3.00 after its ETF-related surge, as upward liquidity appears exhausted.
4. NEAR/BTC shows bullish signals, with historical patterns suggesting potential targets of 3750 and 6000 sats, currently trading at $3.09 with weekly gains.
5. The article provides technical analysis and market trends for these altcoins, emphasizing breakout opportunities and risks without offering investment advice.
Description
AAVE’s breakout above 0.002905 BTC may trigger a rally toward 0.005 BTC ONDO eyes breakout as price nears $1.20 resistance with rising RSI and volume XRP cools off after ETF spike, while NEAR shows bullish divergence setup Altcoins have started showing renewed strength against both BTC and USD, sparking optimism for a broader market breakout. Several tokens, including AAVE, ONDO, XRP, and NEAR, are now revealing classic accumulation patterns and breakout structures on their charts. AAVE shows cl...
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